The world is craving innovation that can help solve our global air challenges, and people turn to leaders like Daikin for effective solutions. It is our passion to rise to the challenge, driving us to create ever-more efficient technologies we expect will advance global standards for safety, sustainability, and comfort.
Over our 25+ year history in North America, we have invested more than $7 billion in people, research, and production. We value the communities that have welcomed Daikin as corporate neighbors, and we strive to be stewards of economic prosperity and civic engagement in all areas.
From working to develop state-of-the-art innovations that we expect will lessen our industry's environmental footprint to the creation of our Environmental Vision 2050, we aim to help solve increasingly dire environmental issues over the long term. Our goal is to create cleaner air environments by looking to develop innovations to solve global environmental problems.
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We are committed to putting our communities first. Our manufacturing and management facilities provide thousands of jobs in North America as well as work with communities on educational and environmental protection events — fueling local economies and livelihood of families.
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We believe in the unlimited potential of people and that the cumulative growth of each individual at Daikin is the foundation of our success. People Centered Management empowers all team members to further refine their own individuality, achieve growth, and demonstrate their full potential.
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Demand for air conditioning is expected to triple from current levels by 2050 driven by economic development in emerging countries and other factors. Our mission can be found in mitigating the impacts of global warming wherever possible while providing a comfortable air environment to people around the world.
We launched Daikin Information and Communications Technology College, an in-house learning program, in fiscal 2017 with the full cooperation of Osaka University. We are using this program to foster approximately 1,000 human resources by fiscal 2021 capable of using AI and IoT to resolve various challenges, connecting knowledge of advanced informatics with our proprietary technologies.
In May 2019, we endorsed the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). In addition to financial information, we will now focus on disclosing environmental, social and governance (ESG) information, including climate change.
Daikin aims to achieve carbon neutrality by 2050 by reducing greenhouse gas emissions throughout the product lifecycle. We set the target in our strategic management plan, Fusion 25, to reduce our company’s net CO2 emissions by 30% or more in 2025 and 50% or more by 2030, compared with emissions without measures with the base year set at 2019.
The following are some of the ways Daikin is taking action to tackle environmental issues.
We continue to promote energy efficiency through inverter and other technologies as well as develop systems that have a reduced environmental impact throughout the entire life cycle from material procurement to disposal and recycling.
We work diligently on environmental solutions that can mitigate the impact of air conditioners on the environment, such as the recovery and recycling of refrigerants, as well as optimal operating systems.
We aim to develop innovations that protect people's health from pollutants, while also helping create environments that are conducive to high productivity and that improve the quality of sleep.
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